The crew over at Slashdot are reporting about a new tool that cracks Apple's FairPlay DRM technology which is so widely used with iTunes
"PlayFair is an integrated utility that removes the DRM from AAC music files protected by Apple's FairPlay encryption. Information is limited, but the source code is on SourceForge.net and it appears to actually remove the encryption itself and not simply hijack the QuickTime audio stream as earlier methods did. The cracking operation can only be done on songs the user has already has valid licenses for and requires either an iPod or a windows computer for key recovery."
News source: Slashdot.org